Search
 

CityMark Gears Up for Fahrenheit Groundbreaking

SAN DIEGO-The developer is nearing completion of the plan review process and plans to commence construction on its Fahrenheit condominium project in a couple of weeks.

By Erin Cassin | Updated on July 13, 2004

SAN DIEGO-Construction of CityMark Development’s Fahrenheit condominium project will soon be under way, with groundbreaking expected to kick off in a couple of weeks. The developer is nearing the completion of the plan review process for the project, which is slated to rise at the southeast corner of Island and Tenth avenues in the East Village neighborhood of Downtown. The project site, which is currently owned by San Diego’s redevelopment agency, will be sold to CityMark later this month, in accordance with a disposition and development agreement between both parties.Fahrenheit’s design plans, which have been drawn up Martinez + Cutri and Studio E Design, call for a seven-story building that will house 77 for-sale lofts, including ground-floor shopkeeper units. These condominiums will range in size from 630 sf to 2,390 sf and will feature 11-ft to 14-ft ceilings, expansive floor-to-ceiling windows, optional walls for flexible floor plans, private decks, skylights, interior washer/dryer hookups, energy-efficient air conditioning and forced-air heating. CityMark plans to use concrete construction for Fahrenheit, which will also include parking spaces. “One of the most unique elements of Fahrenheit is that it is a condominium project that wraps around a parking garage,” says Derek Danziger a spokesperson for the Centre City Development Corp., which has played an active role in reviewing Fahrenheit during its various planning stages. “The Padres built a parking structure for the new ballpark and Fahrenheit will wrap in an L shape around two sides of the parking structure and mask it,” Danziger explains to GlobeSt.com. Known as the Padres Parkade, the parking structure was completed in February 2004 and includes 1,109 spaces and 3,000 sf of retail.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.